Bright Scholar Education Holdings (Bright Scholar Education Holdings) Days Sales Outstanding

: 3.81 (As of Nov. 2023)

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Bright Scholar Education Holdings's average Accounts Receivable for the three months ended in Nov. 2023 was $3.3 Mil. Bright Scholar Education Holdings's Revenue for the three months ended in Nov. 2023 was $79.3 Mil. Hence, Bright Scholar Education Holdings's Days Sales Outstanding for the three months ended in Nov. 2023 was 3.81.

The historical rank and industry rank for Bright Scholar Education Holdings's Days Sales Outstanding or its related term are showing as below:

BEDU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.09 Med: 3.88 Max: 7.23
Current: 4.69

During the past 10 years, Bright Scholar Education Holdings's highest Days Sales Outstanding was 7.23. The lowest was 0.09. And the median was 3.88.

BEDU's Days Sales Outstanding is ranked better than
83.47% of 248 companies
in the Education industry
Industry Median: 28.14 vs BEDU: 4.69

Bright Scholar Education Holdings's Days Sales Outstanding increased from Nov. 2022 (3.27) to Nov. 2023 (3.81).

Bright Scholar Education Holdings Days Sales Outstanding Historical Data

The historical data trend for Bright Scholar Education Holdings's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bright Scholar Education Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

6.12

4.44

7.23

6.59

3.31

Bright Scholar Education Holdings Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Sales Outstanding																3.27	6.68	4.94	4.12	3.81

Competitive Comparison

For the Education & Training Services subindustry, Bright Scholar Education Holdings's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bright Scholar Education Holdings Days Sales Outstanding Distribution

For the Education industry and Consumer Defensive sector, Bright Scholar Education Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Bright Scholar Education Holdings's Days Sales Outstanding falls into.

Bright Scholar Education Holdings Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Bright Scholar Education Holdings's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (2.659	+	2.65)	/	2 )	/	292.988	*	365
=	2.6545					/	292.988	*	365
=	3.31

Bright Scholar Education Holdings's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding (Q: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (2.65	+	3.972)	/	2 )	/	79.298	*	365 / 4
=	3.311					/	79.298	*	365 / 4
=	3.81

Bright Scholar Education Holdings (NYSE:BEDU) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Bright Scholar Education Holdings Days Sales Outstanding Related Terms

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Bright Scholar Education Holdings (Bright Scholar Education Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Bright Scholar Education Holdings Ltd (NYSE:BEDU) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

BSK0:Germany

Address

No. 1, Country Garden Road, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528300

Website

https://www.brightscholar.com

Bright Scholar Education Holdings Ltd operates as an education service provider. The company offers overseas schools, complementary education services, and domestic kindergartens and K12 operation services. The group's overseas K12 education has several K12 schools, art colleges, language training institutions, and summer schools around the world. The complimentary education services segment of the company predominantly includes camp programs, after-school programs, through a network of learning centers in China, as well as international education consulting services. Geographically, the company operates in China which is the key revenue generating market, Canada, United States, and United Kingdom.